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Business Developments & Projects

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LNG vessel surrounded by four tugboats approaching a jetty
Business Developments & Projects

Demand boost prompts calls for more gas production and fewer exports in Western Australia

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, is set on working with the government of Western Australia (WA) to find the best way forward following an inquiry into the state’s domestic gas policy by the Western Australian Par

about 2 years ago
$40M fund for New Yorkers looking to build careers in green economy opens second call
Business Developments & Projects
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$40M fund for New Yorkers looking to build careers in green economy opens second call

Champlain Hudson Power Express (CHPE), the high-voltage direct current (HVDC) power cable project that will connect the Canadian border and New York, has opened the second request for proposals (RFP) for its $40 million fund dedicated to supporting New York State’s disadvantaged communities, low-inc

about 2 years ago
Outer Harbor project site; Source: Venice Energy
Business Developments & Projects

Formal negotiations underway for new partner to come aboard renewable-powered floating LNG import terminal

Venice Energy is engaged in formal negotiations to secure what it describes as a major international balance sheet partner for a proposed liquefied natural gas (LNG) import terminal project in South Australia.

about 2 years ago
NYK concludes first charter deal for methanol-fueled bulk carrier
Business Developments & Projects

NYK concludes first charter deal for methanol-fueled bulk carrier

NYK Bulk & Projects Carriers has reached a basic agreement with Kambara Kisen to time charter a methanol dual-fuel bulk carrier.

about 2 years ago
West Phoenix rig; Source: Semco Maritime
Business Developments & Projects

Seadrill rig wraps up North Sea drilling campaign and comes to Norwegian yard

Seadrill has finished its drilling assignment at a field life extension project in the North Sea off the coast of Norway, which enabled its semi-submersible rig to go to a yard in Bergen.

about 2 years ago
Rendering of Scarborough FPU; Source: Woodside
Business Developments & Projects

As legal challenge for $12.5 billion gas project gets dropped, first LNG cargo on track for 2026

Woodside has struck a deal to ensure a two-year legal challenge, concerning its giant energy project off the coast of Australia will be dismissed.

about 2 years ago
PIL books new LNG dual-fuel containerships to step up fleet renewal game
Business Developments & Projects

PIL books new LNG dual-fuel containerships to step up fleet renewal game

As part of its fleet renewal program, PIL has ordered five new 13,000 TEU containerships to be powered by LNG dual-fuel engines.

about 2 years ago
Hanzevast
Business Developments & Projects

Hanzevast launches new shipping fund

Dutch investment management company Hanzevast has launched a new shipping fund in order to accommodate the sustainability needs of the maritime industry.

about 2 years ago
An offshore rig at sunset
Business Developments & Projects

Shelf Drilling introduces top brass changes

Dubai-headquartered offshore drilling contractor Shelf Drilling has gone through a management reshuffle as three positions – Chief Executive Officer (CEO), Executive Chairman, and Lead Independent Director – have been filled with members who have previously fulfilled other roles at the company.

about 2 years ago
Rig mobilizes for 'UK's first CO2 well injection test'
Business Developments & Projects

Rig mobilizes for ‘UK’s first CO2 well injection’

A 1981-built non-propelled self-elevating cantilever jack-up rig has mobilized for the commencement of what will be the UK’s first CO2 well injection test. Perenco UK and Carbon Catalyst Limited secured a license to progress the Poseidon CCS project at the Leman gas fields in the UK southern North S

about 2 years ago
France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, mar
Business Developments & Projects

French floating solar firm certified for meeting ‘highest standards’ of environmental performance

France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, marking its commitment to a more sustainable and equitable future.

about 2 years ago
Van Oord fallpipe vessel powered by biofuel makes 26% emission cut
Business Developments & Projects

Van Oord fallpipe vessel powered by biofuel cuts emissions by 26%

The Netherlands-headquartered Van Oord has taken a step seen as a milestone in its decarbonization efforts with the first delivery of biofuel for its 2011-built flexible fallpipe vessel. The biofuel delivered for the Stornes flexible fallpipe vessel in Norway is a B30 blend, consisting of 30% hydrot

about 2 years ago
An offshore rig and two boats
Business Developments & Projects

One condition down, several more to go for Trinity’s acquisition by Trinidadian player

After accepting a cash offer from Trinidad-headquartered Lease Operators, UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, is moving forward with the proposed merger.

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Business Developments & Projects

Subsea7 secures multi-million contract in US Gulf of Mexico

Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.

about 2 years ago